Melting Down Grandma's Ring

Source: Daily Finance, Bruce Watson (9/6/11)

"The key to getting the highest price for scrap gold is finding out how much it is actually worth."

Daily Finance, Bruce Watson

With gold prices going through the roof, the market is cluttered with companies paying a fraction of actual gold values. The key to getting the highest price for scrap gold is finding out how much it is actually worth.

The first step for figuring out the value of a piece of jewelry is determining the current market value of a gold pennyweight. NASDAQ's commodities price list is a good resource. There are 20 pennyweight to an ounce, so if gold was going for $1,890 per troy ounce, the scrap price of a pennyweight of 24k gold would be $94.50. . .View Full Article

Does This Metals Co. Have a VMS Project?
Source: Michael Ballanger (05/06/2024)

Michael Ballanger of GGM Advisory Inc. explains why Vortex Metals Inc.'s Riqueza Marina Copper and Gold Host Project might be a new VMS project.

Copper: The India Factor
Source: Michael Ballanger (05/06/2024)

Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project.

Expert Says Exploration Co.'s Gold Project Is Shaping Up
Source: Michael Ballanger (05/03/2024)

Michael Ballanger of GGM Advisory Inc. shares his thoughts on Fitzroy Minerals Inc. after having a discussion with its chairman.

Expert Says Gold and Silver Co. Poised To Make a Big Discovery in Arizona
Source: Clive Maund (05/03/2024)

Technical Analyst Clive Maund takes a look at Aztec Minerals Corp. to explain why he believes it is a Strong Buy.

Gold Explorer Prepares for 2024 Field Season
Source: Streetwise Reports (05/02/2024)

This Canadian company has a robust plan for its project in the Yukon as it looks toward a mineral resource estimate. Read on to learn why experts like this owner of multiple assets.